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NBFC shares gain on RBI guidelines

Source : REUTERS
Last Updated: Mon, Feb 25, 2013 11:20 hrs
An investor watches the share index at a local share and stock market in the northern Indian city of Chandigarh

India's non-banking financial shares gain on Monday after the RBI issued guidelines allowing any business sector to apply for banking licenses.

M&M Financial shares were up 6.4 percent at 10:09 a.m.

IDFC Ltd , a lender and consultant for infrastructure projects, was up 1.8 percent.




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